Brief: Australian Vintage Provides Trading Update

Australian Vintage

04/05/2022 08:19

May 4 (Reuters) - Australian Vintage:
    * AVL VINTAGE AND TRADING UPDATE-AVERAGE.AX
    * 2022 UNDERLYING EBITS, EXCLUDING FX MOVEMENTS, SGARA, AND
ONE-OFF NON-RECURRING ITEMS FORECAST TO BE HIGHER THAN PRIOR
YEAR.
    * SEES ON UNDERLYING BASIS, EBITS IS EXPECTED TO IN RANGE OF
A$31.1 MILLION TO A$35.3 MILLION FOR YEAR
    * 2022 UNDERLYING NPATS, EXCLUDING FX MOVEMENTS, ONE-OFF
NON-RECURRING COSTS, AND SGARA, TO BE IN RANGE OF A$20.0 MILLION
TO A$24.0 MILLION
    * ON TRACK TO GENERATE A POSITIVE CASH FLOW FROM OPERATING
ACTIVITIES IN H2
    * SEES  FULL YEAR OPERATING CASH FLOW WITHIN 10% OF
PREVIOUSLY
RELEASED A$20.0 MILLION OUTLOOK

Source text for Eikon:  ID:nASX7j6FHS 
Further company coverage:  AVG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))